On April 27, 2026, gold prices in Hyderabad saw a notable increase after a few days of decline, influenced by the failure of US-Iran peace talks, which led to a rise in crude oil prices and the US dollar. The India Bullion and Jewellers Association Limited (IBJA) reported that fine gold (999 purity) is priced at ₹15,150 per gram, with 22-karat gold at ₹14,786 per gram. In Hyderabad, 24-karat gold prices ranged from ₹15,443 to ₹15,906 per gram, while 22-karat gold was priced between ₹14,155 and ₹14,643 per gram. Leading jewellery retailers in the city, such as Krishna Jewellers, Panna Jewellers, and CBJ Gold, have updated their prices, reflecting the market trends. For instance, Krishna Jewellers lists 24K gold at ₹15,906 per gram and 22K gold at ₹14,634 per gram. The price of 22K gold at Tanishq, a major retailer, is now ₹14,195 per gram, up from ₹14,060 on April 24.